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Address
Nigeria, Lagos , Lagos, The Ark Towers Plot 17A, Ligali Ayorinde Street, Victoria Island
Director
Manager
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+234
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About enterprise
Pan Ocean Oil Corporation (Nigeria), Ltd.
Pan Ocean Oil Corporation (Nigeria) Ltd. has experienced rapid growth since its inception in 1973. We are the only indigenous company currently in a joint venture relationship with the national oil company of Nigeria, Nigeria National Petroleum Corporation. We are also among the leading exploration and production companies in Nigeria, and we continue to experience rapid growth.
At Pan Ocean, we have leveraged on our head start against other indigenous oil explorers to build a professionally run organization with high-end service delivery and responsible community development portfolio.
We are focused on our growth potential, carefully studying emerging businesses in the oil & gas industry. In all, we are poised to become a leading light in the oil industry as we steadily pursue our goals
In stock
Pan Ocean strives to advance efficiency, reduce operating expenditure, while maintaining a healthy balance with the environment in all its activities. The harnessing of our gas resources is no exception.
In line with the Federal Government's mandate requiring flares-out by all E&P companies...
Group: Natural gas
In 1970, the Oil Prospecting License (OPL 70/71) granted to Delta Oil Company was farmed out to Pan Ocean Oil Corporation Inc. of New York.
On December 1, 1975, OPL 70/71 was converted to Oil Mining Lease 98 (OML 98) and crude oil production commenced in August 1976 at the Ogharefe field of OML...
Group: Trading of oil products
Pan Ocean commenced crude oil production at the Ogharefe field with an initial production of about 11,000bpd in 1976. Production has continued to soar with the years.
Pan Ocean has persistently continued its drilling campaign in the Niger Delta with a bid to build on existing reserves. Its...
Group: Extraction of oil
Our Gas Plant, located at Ovade-Ogharefe in the Niger Delta is presently the only new gas plant that shall be commissioned in Nigeria before the end of 2009. It stands unrivalled in its pace setting achievements being the largest Carbon Emission Reduction Project in West Africa presently.
The...
Group: Gas extraction
